PRECISION MACHINERY PAVILION

PRECISION MACHINERY PAVILION

Precision machinery in Taiwan is anticipated to increase from $4.2 billion last year to $7 billion this year in revenue. Taiwan has the opportunity to become the fifth largest device maker and the third largest exporter in precision machinery worldwide.

As aerospace, precision healthcare and IoT becoming prosperous, precision machinery is gaining importance. Manufacturers in Taiwan own robust and developed supply chains, from metal processing to key components and complete machine design and production. Combined with robotics, automation and other Industry 4.0 developments, the MIT products can be more competitive.